gas recovery & recycle limited
gas recovery & recycle limited Company Information
Company Number
06516105
Website
gr2l.co.ukRegistered Address
mill house 126 high street, steyning, steyning, west sussex, BN44 3RD
Industry
Manufacture of other special-purpose machinery n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
robert grant 50%
cambridge enterprise ltd 12%
View Allgas recovery & recycle limited Estimated Valuation
Pomanda estimates the enterprise value of GAS RECOVERY & RECYCLE LIMITED at £1.7m based on a Turnover of £3.1m and 0.56x industry multiple (adjusted for size and gross margin).
gas recovery & recycle limited Estimated Valuation
Pomanda estimates the enterprise value of GAS RECOVERY & RECYCLE LIMITED at £0 based on an EBITDA of £-4.2m and a 4.46x industry multiple (adjusted for size and gross margin).
gas recovery & recycle limited Estimated Valuation
Pomanda estimates the enterprise value of GAS RECOVERY & RECYCLE LIMITED at £8.3m based on Net Assets of £4m and 2.07x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Gas Recovery & Recycle Limited Overview
Gas Recovery & Recycle Limited is a live company located in steyning, BN44 3RD with a Companies House number of 06516105. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in February 2008, it's largest shareholder is robert grant with a 50% stake. Gas Recovery & Recycle Limited is a established, small sized company, Pomanda has estimated its turnover at £3.1m with rapid growth in recent years.
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Gas Recovery & Recycle Limited Health Check
Pomanda's financial health check has awarded Gas Recovery & Recycle Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£11.2m)
- Gas Recovery & Recycle Limited
£11.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 83%, show it is growing at a faster rate (1.5%)
- Gas Recovery & Recycle Limited
1.5% - Industry AVG
Production
with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)
- Gas Recovery & Recycle Limited
30.7% - Industry AVG
Profitability
an operating margin of -136.2% make it less profitable than the average company (6.2%)
- Gas Recovery & Recycle Limited
6.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (67)
4 - Gas Recovery & Recycle Limited
67 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Gas Recovery & Recycle Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £768.7k, this is more efficient (£170.8k)
- Gas Recovery & Recycle Limited
£170.8k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (62 days)
- Gas Recovery & Recycle Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 422 days, this is slower than average (48 days)
- Gas Recovery & Recycle Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (90 days)
- Gas Recovery & Recycle Limited
90 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (13 weeks)
35 weeks - Gas Recovery & Recycle Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.6%, this is a higher level of debt than the average (48.9%)
60.6% - Gas Recovery & Recycle Limited
48.9% - Industry AVG
GAS RECOVERY & RECYCLE LIMITED financials
Gas Recovery & Recycle Limited's latest turnover from March 2023 is estimated at £3.1 million and the company has net assets of £4 million. According to their latest financial statements, Gas Recovery & Recycle Limited has 4 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 504,080 | 3,928,939 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 361,448 | 3,096,052 | ||||||||||||
| Gross Profit | 142,632 | 832,887 | ||||||||||||
| Admin Expenses | 274,085 | 347,167 | ||||||||||||
| Operating Profit | -131,453 | 485,720 | ||||||||||||
| Interest Payable | 337 | 298 | ||||||||||||
| Interest Receivable | 3,372 | 2,323 | ||||||||||||
| Pre-Tax Profit | -128,418 | 487,745 | ||||||||||||
| Tax | 40,923 | 26,931 | ||||||||||||
| Profit After Tax | -87,495 | 514,676 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | -87,495 | 514,676 | ||||||||||||
| Employee Costs | 118,707 | 78,690 | ||||||||||||
| Number Of Employees | 4 | 4 | 6 | 6 | 4 | 4 | 4 | 4 | ||||||
| EBITDA* | -130,928 | 486,090 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,137 | 885 | 1,178 | 1,572 | 1,109 | 141 | 61 | 82 | 109 | 145 | 193 | 257 | 343 | 274 |
| Intangible Assets | 6,300,000 | 6,300,000 | 6,300,000 | 6,300,000 | 6,300,000 | 6,300,000 | 837,852 | 1,131,163 | 1,220,353 | 1,262,434 | 1,262,434 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,301,137 | 6,300,885 | 6,301,178 | 6,301,572 | 6,301,109 | 6,300,141 | 837,913 | 1,131,245 | 1,220,462 | 1,262,579 | 1,262,627 | 257 | 343 | 274 |
| Stock & work in progress | 55,951 | 766,708 | 0 | 109,843 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 119,838 | 0 | 0 | 0 | 0 | 0 | 70,000 | 0 | 6,220 | 16,390 | 24,383 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 504,094 | 124,113 | 149,191 | 145,373 | 253,523 | 80,646 | 41,588 | 26,968 | 0 | 0 | 0 | 7,000 | 31,710 | 12,700 |
| Cash | 3,244,833 | 422 | 100,159 | 4,748 | 390,649 | 3,660 | 340 | 35,382 | 6,932 | 1 | 2,876 | 1 | 1 | 687 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,924,716 | 891,243 | 249,350 | 259,964 | 644,172 | 84,306 | 111,928 | 62,350 | 13,152 | 16,391 | 27,259 | 7,001 | 31,711 | 13,387 |
| total assets | 10,225,853 | 7,192,128 | 6,550,528 | 6,561,536 | 6,945,281 | 6,384,447 | 949,841 | 1,193,595 | 1,233,614 | 1,278,970 | 1,289,886 | 7,258 | 32,054 | 13,661 |
| Bank overdraft | 0 | 7,945 | 0 | 1,408 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,371 | 0 |
| Bank loan | 11,475 | 10,019 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,469,325 | 187,004 | 191,761 | 178,598 | 433,612 | 183,543 | 231,263 | 199,000 | 1,485,983 | 1,526,409 | 1,495,014 | 231,836 | 143,179 | 1,720 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 1,872,943 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,284,298 | 182,474 | 1,235,206 | 1,226,983 | 1,228,704 | 1,416,489 | 1,425,385 | 1,474,425 | 0 | 0 | 0 | 0 | 58,679 | 48,310 |
| total current liabilities | 4,765,098 | 2,260,385 | 1,435,300 | 1,406,989 | 1,662,316 | 1,600,032 | 1,656,648 | 1,673,425 | 1,485,983 | 1,526,409 | 1,495,014 | 231,836 | 211,229 | 50,030 |
| loans | 24,862 | 32,562 | 41,667 | 0 | 0 | 0 | 0 | 0 | 50,175 | 50,175 | 50,175 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,405,860 | 1,270,089 | 998,429 | 993,762 | 1,034,685 | 1,050,809 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,430,722 | 1,302,651 | 1,040,096 | 993,762 | 1,034,685 | 1,050,809 | 0 | 0 | 50,175 | 50,175 | 50,175 | 0 | 0 | 0 |
| total liabilities | 6,195,820 | 3,563,036 | 2,475,396 | 2,400,751 | 2,697,001 | 2,650,841 | 1,656,648 | 1,673,425 | 1,536,158 | 1,576,584 | 1,545,189 | 231,836 | 211,229 | 50,030 |
| net assets | 4,030,033 | 3,629,092 | 4,075,132 | 4,160,785 | 4,248,280 | 3,733,606 | -706,807 | -479,830 | -302,544 | -297,614 | -255,303 | -224,578 | -179,175 | -36,369 |
| total shareholders funds | 4,030,033 | 3,629,092 | 4,075,132 | 4,160,785 | 4,248,280 | 3,733,606 | -706,807 | -479,830 | -302,544 | -297,614 | -255,303 | -224,578 | -179,175 | -36,369 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -131,453 | 485,720 | ||||||||||||
| Depreciation | 379 | 295 | 394 | 525 | 370 | 47 | 21 | 27 | 48 | 64 | 86 | 115 | 91 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 293,311 | 293,311 | 293,311 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 40,923 | 26,931 | ||||||||||||
| Stock | -710,757 | 766,708 | -109,843 | 109,843 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 499,819 | -25,078 | 3,818 | -108,150 | 172,877 | -30,942 | 84,620 | 20,748 | -10,170 | -7,993 | 17,383 | -24,710 | 19,010 | 12,700 |
| Creditors | 2,282,321 | -4,757 | 13,163 | -255,014 | 250,069 | -47,720 | 32,263 | -1,286,983 | -40,426 | 31,395 | 1,263,178 | 88,657 | 141,459 | 1,720 |
| Accruals and Deferred Income | 2,101,824 | -1,052,732 | 8,223 | -1,721 | -187,785 | -8,896 | -49,040 | 1,474,425 | 0 | 0 | 0 | -58,679 | 10,369 | 48,310 |
| Deferred Taxes & Provisions | 135,771 | 271,660 | 4,667 | -40,923 | -16,124 | 1,050,809 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -389,356 | 386,304 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 1,456 | 1,686 | 8,333 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -1,872,943 | 1,872,943 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -7,700 | -9,105 | 41,667 | 0 | 0 | 0 | 0 | -50,175 | 0 | 0 | 50,175 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 3,035 | 2,025 | ||||||||||||
| cash flow from financing | 3,035 | 2,023 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 3,244,411 | -99,737 | 95,411 | -385,901 | 386,989 | 3,320 | -35,042 | 28,450 | 6,931 | -2,875 | 2,875 | 0 | -686 | 687 |
| overdraft | -7,945 | 7,945 | -1,408 | 1,408 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,371 | 9,371 | 0 |
| change in cash | 3,252,356 | -107,682 | 96,819 | -387,309 | 386,989 | 3,320 | -35,042 | 28,450 | 6,931 | -2,875 | 2,875 | 9,371 | -10,057 | 687 |
gas recovery & recycle limited Credit Report and Business Information
Gas Recovery & Recycle Limited Competitor Analysis
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gas recovery & recycle limited Ownership
GAS RECOVERY & RECYCLE LIMITED group structure
Gas Recovery & Recycle Limited has no subsidiary companies.
Ultimate parent company
GAS RECOVERY & RECYCLE LIMITED
06516105
gas recovery & recycle limited directors
Gas Recovery & Recycle Limited currently has 4 directors. The longest serving directors include Dr Robert Grant (Feb 2008) and Mr Gary Littlewood (Mar 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Robert Grant | 65 years | Feb 2008 | - | Director | |
| Mr Gary Littlewood | England | 62 years | Mar 2012 | - | Director |
| Sales & Commercial D Robert Smith | England | 64 years | Mar 2012 | - | Director |
| Mr Andrew Barrett | 66 years | Mar 2012 | - | Director |
P&L
March 2023turnover
3.1m
+162%
operating profit
-4.2m
0%
gross margin
30.7%
-3.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
4m
+0.11%
total assets
10.2m
+0.42%
cash
3.2m
+7688.18%
net assets
Total assets minus all liabilities
Similar Companies
gas recovery & recycle limited company details
company number
06516105
Type
Private limited with Share Capital
industry
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
February 2008
age
16
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
mill house 126 high street, steyning, steyning, west sussex, BN44 3RD
last accounts submitted
March 2023
gas recovery & recycle limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to gas recovery & recycle limited. Currently there are 2 open charges and 0 have been satisfied in the past.
gas recovery & recycle limited Companies House Filings - See Documents
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